Nasdaq 100 Forecast: Bears Battle Retail Traders as Tech Earnings Arrive

Despite a Fed meeting and earnings from some of the market’s largest companies, the finance world was glued to a few single-name stocks that continue to soar. Still, broader sentiment has deteriora...

from DailyFX - Market News https://ift.tt/2Mzg11G
via IFTTT

How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

from DailyFX - Market News https://ift.tt/3chNqsL
via IFTTT

Oil Price Reverses Ahead of Weekly Low as US Crude Inventories Fall

The price of oil bounces back ahead of the weekly low ($51.82) as fresh data prints coming out of the US show an unexpected contraction in crude inventories.

from DailyFX - Market News https://ift.tt/3pjS9Oh
via IFTTT

Gold Price, Dow, DXY React to January 2021 Fed Rate Decision

The Federal Reserve just released its January 2021 monetary policy update. How is the latest Fed announcement weighing on gold, the Dow Jones, and US Dollar?

from DailyFX - Market News https://ift.tt/2MqqPPQ
via IFTTT

Bitcoin (BTC) Bulls Bid Support, Refuse to Surrender

Bitcoin (BTC) prices continue to consolidate as price action highlights a crucial zone

from DailyFX - Market News https://ift.tt/3abMeEr
via IFTTT

Canadian Dollar Price Outlook: USD/CAD Breaks Out Ahead of the Fed

USD/CAD pushed up to a fresh two-week-high ahead of the Federal Reserve rate decision - can bulls continue to push?

from DailyFX - Market News https://ift.tt/3pBhQdv
via IFTTT

Gold Price Remains Vulnerable as US Treasury Yields Continue to Fall

The price of gold may continue to give back the rebound from the monthly low ($1803) as long as the weakness in longer-dated US Treasury yields persists.

from DailyFX - Market News https://ift.tt/3ach4wG
via IFTTT

ECB Elevates Currency War Risks, Retail Traders Claim Short Squeeze Victory - US Market Open

Euro talked down by ECB, US Dollar tracking higher, AUD fails to find inflation lift.

from DailyFX - Market News https://ift.tt/39jdy4C
via IFTTT

Sentiment Snapshot (UK): FTSE, GBP/USD, GBP/JPY

This report covers recent price action (UK) in the context of retail client positioning for IG and tends to focus on trending markets or extremely one-sided sentiment

from DailyFX - Market News https://ift.tt/3iRyWkr
via IFTTT

Crude Oil Price Grinding Back to Multi-Month High on Positive Fundamentals

Brent crude continues to nudge higher, helped by news that Iraq will trim production over the next two months

from DailyFX - Market News https://ift.tt/3orfBI6
via IFTTT

US Dollar May Firm on FOMC, Retail Mania Presents a Short Term Risk

FOMC to maintain current policy, focus shifts to Chair Powell’s speech. Retail mania presents a short-term risk

from DailyFX - Market News https://ift.tt/3an0w5B
via IFTTT

USD/INR: Indian Rupee Robust After IMF Double Digit Growth Forecast

Indian Rupee has remained resilient this week despite a push back from the U.S. Dollar but will upcoming U.S. announcements derail the downward momentum?

from DailyFX - Market News https://ift.tt/2MbUso9
via IFTTT

British Pound (GBP) Latest: GBP/USD Highest Since May 2018, Uptrend Intact

The long-term trend higher in GBP/USD suggests further gains for the pair even after it hit its highest level in almost three years.

from DailyFX - Market News https://ift.tt/39ngsoW
via IFTTT

US Dollar Outlook: DXY Forms Head and Shoulders Pattern Ahead of FOMC

The US Dollar Index (DXY) is at risk of extending its recent slide lower as prices carve out a bearish Head and Shoulders pattern ahead of the FOMC interest rate decision.

from DailyFX - Market News https://ift.tt/3iOlC0e
via IFTTT

Gold, Crude Oil Outlook: Will FOMC Meeting Catalyze Price Volatility?

Gold prices traded lower while crude oil prices edged higher ahead of the January FOMC meeting, where investors are looking for the Fed’s take on recent economic developments and future monetary po...

from DailyFX - Market News https://ift.tt/39hWj3E
via IFTTT

US Dollar Forecast: Stuck Between Treasuries, Equities as Emerging Markets Push On

Will the US Dollar fall versus the Singapore Dollar, Taiwanese Dollar and Philippine Peso if a fiscal stimulus delay pressures Treasury yields? The Fed and earnings may keep risk appetite intact.

from DailyFX - Market News https://ift.tt/2YhBjUj
via IFTTT

Copper Forecast: US Stimulus and Chinese Recovery Key Price Drivers

Copper prices are easing this week after a major producer downgraded its sales volume forecast. Price action is likely dependent on Chinese demand and US Stimulus in coming weeks.

from DailyFX - Market News https://ift.tt/3pm1XaF
via IFTTT

Nasdaq Poised to Rise with Hang Seng, ASX 200. Apple Earnings in Focus

Nasdaq 100 index futures are climbing afterhours as traders await earnings from Apple and Facebook. Asia-Pacific stocks look set to rebound from Tuesday’s losses. The US Dollar retreated.

from DailyFX - Market News https://ift.tt/36csNKv
via IFTTT

AUD/USD May Rise if Australian Inflation Data Impresses, FOMC in Focus

Wall Street took a step back on concerns over future fiscal relief, led by small-cap stocks. Meanwhile, the Australian Dollar is rising ahead of Q4 inflation data

from DailyFX - Market News https://ift.tt/3ojEaa0
via IFTTT

US Dollar Outlook: AUD/USD Eyes Federal Reserve Announcement

AUD/USD price action extended higher on Tuesday as the US Dollar weakened broadly and erased prior session gains with traders shifting focus to the Fed rate decision on deck for release.

from DailyFX - Market News https://ift.tt/3cdrQpb
via IFTTT